Cybereason is seeking to sell itself because the cybersecurity software company can't pursue a near-term initial public offering (IPO), The Information reported. With a potential exit in mind, Cybereason has hired JPMorgan Chase & Co. to find a potential buyer for the cybersecurity business, the report said.The alleged search for a buyer emerges roughly four months after Cybereason had layoffs in June 2022 and scrapped a near-term IPO plan that was seeking a $5 billion valuation for the business. The company's current target valuation is undisclosed.Thoma Bravo, owner of ForgeRock, Ping Identity, SailPoint Technologies, Proofpoint and Sophos. Insight Partners, which funded Kaseya's $6.2 billion buyout of Datto in mid-2022 and dominates the cloud backup/data protection investment market. Vista Equity Partners, which is acquiring KnowBe4 for $4.6 billion and also owns stakes in SaaS application management provider BetterCloud, and MDR service provider Critical Start. Admittedly, we don't know if those private equity firms -- and/or others -- will give Cybereason a look. Elsewhere, some cybersecurity firms are opting for debt financing as a bridge from today toward a potential IPO, more venture funding or strategic exit down the road. Example debt-related deals include:Arctic Wolf, a security operations platform provider, closed a $401 million convertible note offering in October 2022. Huntress received $40 million in debt financing from CIBC Innovation Banking in September 2022.